Balance of Payments: Total Net Current Account for Bangladesh
BGDBCAGDPBP6PT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.37
Year-over-Year Change
203.32%
Date Range
1/1/1990 - 1/1/2029
Summary
The Balance of Payments: Total Net Current Account for Bangladesh measures the country's international transactions, tracking the flow of goods, services, and capital. This key economic indicator provides insights into Bangladesh's trade balance and overall financial position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Net Current Account captures a country's trade balance, income from overseas investments, and unilateral transfers. As a measure of Bangladesh's external position, this series is used by economists and policymakers to assess the nation's economic health and competitiveness.
Methodology
The data is collected and calculated by the Bangladesh Bank, the country's central banking authority.
Historical Context
The Net Current Account is a critical input for macroeconomic analysis and policy decisions affecting trade, exchange rates, and capital flows.
Key Facts
- Bangladesh has maintained a current account surplus since 2015.
- The current account balance as a percentage of GDP was 2.4% in 2021.
- Manufacturing exports are a key driver of Bangladesh's current account position.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Total Net Current Account for Bangladesh measures the country's international transactions, tracking the flow of goods, services, and capital.
Q: Why is this trend relevant for users or analysts?
A: As a measure of Bangladesh's external position, this series is used by economists and policymakers to assess the nation's economic health and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bangladesh Bank, the country's central banking authority.
Q: How is this trend used in economic policy?
A: The Net Current Account is a critical input for macroeconomic analysis and policy decisions affecting trade, exchange rates, and capital flows.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bangladesh Bank, with minimal delays.
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Citation
U.S. Federal Reserve, Balance of Payments: Total Net Current Account for Bangladesh (BGDBCAGDPBP6PT), retrieved from FRED.